The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-07-19
CONDITION OF THE MARKETS
Quiet Day liz Wheat, Accompanied by
Steady Feeling and Better Prices.
Increase in Speculative Demand for Corn.
Followed by a Stiffening Tendency-Oats
Steady and Firm-Provision Steady.
A Dull and Waiting Market Giving but Fain
nj T.if

A Dull and Waiting Market Giving but Faint
Indications of Lifs.
NEW YORK, July 18.-Money On call
Easy at 4a5 per cent; closing offered at 4 per
sent
Prime mercantile paper, 81 06 per cent
Sterling exchange was dull but steady at
H624 for sixty day bills. and 81 S3A for de-
mand.
The total sales Of stocks to-day were 129,0l8
shares, including the following: Delaware
Lackawanna e. Western, 6,72O; Erie, 364o;
Lake Shore, 1920; Northwestern, 5000; Read
Ing, $3.50; St. Paul. 715O; Union Pacific, 4,45o;
Western Union, 2l.140
The new week opened at the Stock Exchange
with dull and waiting market. which displayed
little feature of interest and life whatever.
The lack Of telegrsphic communication By pri-
cate wires may have had something TO do with
This, but the attendance ut the board was slight.
One prominent operator. who has been absent
from the street for some time. returned to-day,
however, and by purchases in St Paul, Lake
Shore, Western Union and New England pre-
vented absolute stagnation. The opera
sons for foreign account were OF no
special account, but there was some buying
sf Richmond G. West Point the idea
that it would be gamer by the contamination
Of the Baltimore g. Ohio deal. which is expected
70 he announced soon. The tone of the dealings
was generally firm, but the limited business pre-
vented any important movement in prices, ex-
eept in a few specialries, among which were
Wheeling Sc Lake Erie, ST. Paul 81 Duluth. and
Tennessee Coal and Iron. The opening was
made at irregular changes OF small fractions
from Saturdays final figures and a very quiet
business ensued. Some heaviness was shown in
the early dealings, in which Canada Southern
and New England were prominent Western
Union and Wheeling q Lake Erie led the ad-
vance which followed. while later, New England
and Richmond 81 West Point became fairly act
i've, while the general list relapsed into
extreme dullness, from which it did not emerge
for the remainder of the day. There were some
slight fluctuations in prices. but no positive
movement was noticed. Toward the close some
strength was developed. in which Tennessee
Coal was very prominent; the close, however,
was dull but firm. close TO the opening figures
The final changes in the general list are for in
significant fractions only, and are about equally
aivided between gains and losses. St Paul d
Duluth, however, is mp II per cent; Tennessee
Coal and Richmond e. West Point. Ii per cent
EACH while Colorado Coal is off per cent.
Railroad bonds dull; sales S723, 600. The
general tone firm, however, and most issues
are fractionally higher this evening, though a
few important declines made Morris sS
Essex frsts rose 2. to 1424c; Illinois Central,
Bic. to 90; Wabash convertible Is lost 3, at 80,
and Mobile q Ohio first debentures 3. to 81.
Government bonds were dull and firm.
State bonds were dull and steady. Closing
quotations